Pan-African financial technology company Onafriq is winding down its Baxi agent banking business in Nigeria, citing rising operating costs, naira depreciation and intensifying competition that have made the operation increasingly
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The African Development Bank Group (AfDB) has committed $750,000 in grants to support women-led businesses in Nigeria, with the funding expected to improve access to finance, strengthen entrepreneurship and create
Nigerian students can qualify for 10 additional shares in Dangote Petroleum Refinery and Petrochemicals FZE at no cost under a student grant initiative introduced by the Aliko Dangote Foundation.The programme
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has explained that improving economic conditions and the need to fix weaknesses in monetary policy transmission informed the apex
The World Bank Group says it is working to mobilise up to $5.79 billion in private financing for Nigeria in fiscal year 2026, targeting sectors including digital infrastructure, agriculture and
Dangote Refinery has reported a net profit of $4.73 billion and revenue of $22.48 billion for the first nine months of 2026, marking a sharp turnaround from the loss recorded
Shell has agreed to sell its Nigerian domestic gas distribution business to indigenous energy company Vaaris Energy Limited in a transaction that could change ownership of a key part of
Up to 40 per cent of African smallholder cocoa farmers could lose access to the European Union market if they fail to meet compliance requirements under the EU Deforestation Regulation
The International Monetary Fund (IMF) has advised Nigeria against restoring a blanket petrol subsidy, urging the Federal Government to direct financial support towards vulnerable citizens as rising energy costs put
The Federal Government has reported a 20 to 30 per cent increase in the issuance of export and import trade licences and permits following the implementation of reforms aimed at